Certifying a used car through a brand dealership is one way to
A. credibly screen out lemons.
B. credibly signal the car is not a lemon.
C. unreliably screen out lemons.
D. unreliably signal that the car is not a lemon.
B. credibly signal the car is not a lemon.
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Implicit costs involve an exchange of money
Indicate whether the statement is true or false
Pension funds ________
A) acquire access to funds by accepting deposits then using these monies to lend to households and firms B) raise funds by selling commercial paper then lend these funds to consumers C) are a special type of mutual fund D) acquire access to monies through the payment of premiums by employees
Which of the following conditions during 2008-2009 most closely paralleled the economic conditions of the Great Depression?
a. record-high unemployment rates for a period of many years b. a sharp and prolonged contraction in the money supply c. significant increases in taxes and trade restrictions in order to counter budget deficits d. frequent policy changes that generated an unstable and unpredictable economic climate
Monetary and price instability will
A) encourage domestic citizens to increase their rate of saving. B) encourage businesses to invest and expand their future output. C) make it easier for both individuals and businesses to plan wisely for the future. D) generate uncertainty, and encourage investors and businesses to move their activities to countries with a more stable monetary environment.